\"We are exploring whether we can offer interest rate of more than 8.55% this financial year. Reduction of the rate is a complete no at this point in time, though the final calculation and accounts audits are still on,\" Prabhakar Banasure, a member of EPFO's central board of trustees, said.

BJP confident of doing well in general election: PM Narendra ModiIndia's ruling Bharatiya Janata Party (BJP) is confident of doing well at this year's general election despite the party's recent losses in state polls, Prime Minister Narendra Modi said in an interview with Reuters partner ANI on Tuesday. Modi said it was more important to focus on his government's achievements, including the introduction in September of a new healthcare scheme for the poor. IT ministry to disc...

The agenda was approved on Monday at the national convention of the Confederation of Central Trade Unions

From spiralling costs and cut-throat competition pushing airlines into the red to government initiatives aimed at boosting the fast-growing sector

Social media platforms have been accused of being a carrier of hate messages and fake news. And, now they stare at the prospects of stricter government rules, greater accountability

Industry players expect more partnerships in the new year between public and the private sector in the healthcare space, which they feel is 'under-invested'

Experts believe the overall movement for the benchmark Sensex may also end up in 2019 at around 5 per cent, the same as 2018

Exclusive launches and deep discounts on e-commerce platforms could become a thing of the past as new rules for online marketplaces with new rules coming into effect in February

\"It was also a year of digitisation and launch of customer-friendly products as there was a rapid growth in the online channel\"

At present, the Employees' Provident Fund Organisation invests up to 15 per cent of its investible deposits into the exchange-traded funds

Around 79.16 lakh new subscribers were added to social security schemes of the Employees' Provident Fund Organisation (EPFO) from September 2017 to October 2018, EPFO data showed.

Rajan further said that the three biggest problems for the Indian economy currently are the agrarian distress, the ailing power sector and the crisis in the banking system.

According to the new rule, a member of EPF can now withdraw up to three-quarters of his/her account. This will be a non-refundable advance, which means that a member can withdraw money without closing his account and will not have to refund the money withdrawn.

Besides unemployment, provident fund money can also be withdrawn in case of emergencies and other situations